The 5 most popular Cryptocurrencies at the moment
Bitcoin is a payment system that people use worldwide. This coin is the first decentralized digital currency. This system works without the support of central banks, which is why the governments of countries such as India and Canada have banned this coin. This network is peer-to-peer, which means that all transactions are carried out in a straight line, without a third subject.
Network routes check all transactions. Everyone can see the data from the last transaction because it is publicly available. Bitcoin was created by Satoshi Nakamoto. Nobody knows who he is, someone thinks that “Satoshi Nakamoto” is not a Japanese person’s name, it is the people of the group who invented this project.
Bitcoin is a legal cryptocurrency in Japan and people can buy products and other services for this money.
Ethereum is a platform for the creation of decentralized online services based on blockchain, this system works on the basis of intelligent contracts. Ethereum is an open platform, capable of developing decentralized applications. This platform was created by a Russian programmer named Vitalik Buterin.
Ripple is an independent, decentralized payment system with its own open source. Users of this system can create different types of cryptocurrency, users can also create credit links with each other. Ripple is a direct, non-cash exchange of resources of different value without the participation of third parties. Large companies such as UBS and Santander use this system. Banks also take Ripple as payment networks in infrastructure technology.
EOS IO is a very popular cryptocurrency token that makes 1,000,000 transactions per second!
EOS IO is a free development platform for programmers, which has a very fast transaction processing capability. This platform was created by an experienced Blockchain contractor named Daniel Larimer.
Litecoin is the peer-to-peer Internet currency, which has almost zero-cost payments all over the world. This system has open source it is mean that Central organisation can not control this digital currency currently